huffdaddy
Joined: 25 Nov 2005
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 Posted: Thu Apr 12, 2007 6:37 am Post subject: "Girls Gone Wild" goes to in Leavenworth? |
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Not a good day for Joe Francis. At least if he goes on "extended spring break," he'll be treated like royalty.
http://www.showbuzz.cbsnews.com/stories/2007/04/11/people_hot_water/main2673413.shtml
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"Girls Gone Wild" founder Joe Francis has been indicted on charges of tax evasion, the Justice Department and Internal Revenue Service announced in a press release Wednesday.
The indictment says that Francis allegedly deducted more than $20 million in false business expenses on the companies' 2002 and 2003 corporate income tax returns, according to the release.
The press release about the indictment states that Francis used offshore bank accounts and entities supposedly owned by others to conceal money earned and allegedly transferred more than $15 million from an offshore bank account to a brokerage account in California.
Authorities said Francis could face up to 10 years in prison if convicted. He's also subject to fines of up to $500,000.
A press release issued by U.S. Marshal service from the Northern District of Florida on Tuesday said Francis was arrested after stepping off of a privately chartered jet.
Deputy U.S. Marshal P.J. Joanos said he had tried unsuccessfully on Monday to contact Francis� lawyers in order to coordinate his surrender, a press release said.
Francis is due in court on May 22. |
http://www.suntimes.com/news/metro/338431,CST-NWS-wild12.article
| Quote: |
In a case that took some crazy turns itself, a team of Chicago lawyers said Wednesday that the creator of the raucous "Girls Gone Wild'' video series has agreed to compensate teens who suffered "emotional distress" after appearing nude in his racy DVDs.
The attorneys claimed filmmaker Joe Francis, 34, had gone "beyond all possible bounds of decency" when he included their seven clients, underage at the time, in videos.
Chicago lawyer Larry Selander of the Duane Morris firm declined to reveal terms of the agreement reached in Florida. This year Francis, while being reprimanded by a judge for swearing, replied, "If my mother was suing me for $20 million, you better believe I would use that language.''
"We are happy that we've been able to help the girls put this episode behind them,'' Selander said in an interview. |
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